Daily Dispatches

The gold situation is coming to the fore in the mainstream
press. Here's an item from the new issue of The Economist.

Guess who they're talking about in regard to "conspiracy
theory"? Well, we at GATA don't care about that little
flippancy, for, as you'll see, The Economist pretty much
has accepted our premise that something is wrong with

Here's another important essay by John Hathaway of
Tocqueville Asset Management, who, you may recall,
has called exactly the turns in the gold market since
last September. Hathaway writes that the gold market
has turned strongly bullish and that a four-digit price
of gold is quite possible as a result of forces already
in place, without any world financial catastrophe.

Here's an important article from www.TheMiningWeb.com,
a new and very good site. It confirms that the Ashanti
debacle could explode against the gold shorts and the
bullion banks at any moment and that the government of
Ghana has the established legal right to reclaim Ashanti's
assets if the company fails.

Since so much has been posted today about Ashanti
Goldfields and its brewing trouble with the government
of Ghana, you might be interested in this exchange
between GATA Chairman Bill Murphy, proprietor ofwww.LeMetropoleCafe.com, and one of his subscribers
about another mining company with property in Ghana,
Golden Star Resources. You may remember that Golden